Freescale Semiconductor bought by private company

Discussion in 'Apple, Inc and Tech Industry' started by Peel, Sep 18, 2006.

  1. Peel macrumors 6502a

    Peel

    Joined:
    Aug 30, 2004
    Location:
    Seattle
    #1
    Freescale Semiconductor, maker of the G4 processor was sold for US$17.6B, or $40 per share. After being spun-off by Motorola in 2004, Freescale has been publicly traded the last two years. The $40/share offer is up 7.6% from Friday's closing price.

    Freescale is being purchased by a consortium led by the Blackstone Group and includes Carlyle Group, Permira Funds and Texas Pacific Group.
     
  2. OnceUGoMac macrumors 6502a

    OnceUGoMac

    Joined:
    Mar 3, 2004
    #2
    It doesn't surprise me. The loss of the AIM pact really hindered their production, I'd imagine. I'm not sure how well their other units fared.
     
  3. thejadedmonkey macrumors 604

    thejadedmonkey

    Joined:
    May 28, 2005
    Location:
    Pa
    #3
    Next week Apple will announce that it has purchased Freescale semiconductor, and will ramp up the production of the newly announced G6 PPC chip to be used in the newly announced iTablet and iPhone due before Christmas 2006.

    Well, I can dream...
     
  4. jhu macrumors 6502a

    jhu

    Joined:
    Apr 4, 2004
    #4
    not really. most of their powerpc processors are in embedded applications such as cars.
     
  5. MisterMe macrumors G4

    MisterMe

    Joined:
    Jul 17, 2002
    Location:
    USA
    #5
    This is correct. The embedded processor market is huge. There are dozens of embedded processors in every automobile. When you consider all of the automobiles, airplanes, microwave ovens, computer printers, X-ray machines, and virtually every other electronic device on the market today, Freescale has a customer base that most companies would die to serve.
     

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